InvestorsHub Logo
Followers 2
Posts 481
Boards Moderated 0
Alias Born 07/31/2006

Re: nijomo123 post# 6639

Monday, 06/02/2008 3:44:34 PM

Monday, June 02, 2008 3:44:34 PM

Post# of 6991
It's always a possibility that there were shorts that wanted to cover in this range but there were no shares for sale.

Perhaps they did not want to run it up to cover

It seems that someone is finally selling a position and either shorts or buyers are jumping all over them.

I see this as a positive either way.

Demand for cheap shares exists.

Billion

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.